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Preview - Michigan Hold Harmless Agreement Form
Michigan Hold Harmless Agreement
This Hold Harmless Agreement ("Agreement") is made as of the ___ day of __________, 20__, by and between:
Party A: _____________________________
Address: ___________________________
and
Party B: _____________________________
Address: ___________________________
Collectively referred to as the "Parties." This Agreement is governed by the laws of the State of Michigan.
1. Purpose: The Parties seek to establish a mutual understanding regarding the assumption of risk and the indemnification for claims that may arise from the activities related to ____________ (describe activity or event).
2. Indemnification: The Parties agree as follows:
- Party A agrees to hold harmless and indemnify Party B from any and all liabilities, losses, damages, costs, or expenses suffered as a result of claims arising from the aforementioned activities.
- Party B agrees to hold harmless and indemnify Party A from any and all liabilities, losses, damages, costs, or expenses suffered as a result of claims arising from the aforementioned activities.
3. Waiver of Liability: Each Party waives any right to sue the other Party for any claims, damages, or liabilities arising directly or indirectly from the activities related to ____________ (repeat description of activity or event).
4. Acknowledgment: Each Party acknowledges that they have read and fully understand the terms of this Agreement and their significance.
5. Governing Law: This Agreement shall be governed by the laws of the State of Michigan.
6. Signatures:
By signing below, the Parties agree to the terms set forth in this Agreement.
Party A Signature: _________________________ Date: ____________
Party B Signature: _________________________ Date: ____________
Create Other Common Hold Harmless Agreement Forms for Different States
Hold Harmless Clause California - This document may offer peace of mind and security when engaging in potentially hazardous activities.
What Is a Hold Harmless Letter - Businesses use this agreement to protect themselves from client claims.
Indemnity Hold Harmless Agreement - Each party’s duties and rights should be clearly stated in the agreement.
What Is a Hold Harmless Agreement - Mitigate risks by creating a Hold Harmless Agreement tailored to your situation.
Similar forms
A Hold Harmless Agreement is a vital document that protects one party from liability for certain actions or events. However, it is not the only document that serves a similar purpose. Here are four other documents that share similarities with the Hold Harmless Agreement:
- Liability Waiver: This document is often used in recreational activities or events. Participants agree to waive their right to sue for injuries or damages incurred during the activity. Like a Hold Harmless Agreement, it seeks to limit the liability of the organizer or provider.
- Indemnity Agreement: This agreement involves one party agreeing to compensate another for any losses or damages incurred. It is similar to a Hold Harmless Agreement in that it provides financial protection against claims arising from specific actions or events.
- Release of Liability: Commonly used in sports and adventure activities, this document releases one party from responsibility for injuries or damages. It is akin to a Hold Harmless Agreement, as both aim to protect the party from legal claims.
- Service Agreement: While primarily focused on the terms of service, this document often includes clauses that limit liability for the service provider. Similar to a Hold Harmless Agreement, it outlines the responsibilities of each party and protects against unforeseen claims.
Understanding these documents can help individuals and businesses navigate potential risks and liabilities effectively. Each serves a unique purpose, yet they all share the common goal of reducing legal exposure.